VAT calculator
This calculator will help you to work out how much VAT you'll need to pay on top of a builder's quote or on other purchases...
Different rates of VAT apply to different goods and services. There are currently three rates - the standard 20% (increased from 17.5% on 4 January 2011), a reduced rate charged at 5% and zero rate. VAT could be theoretically applied to the goods in the latter category, but the Government chooses not to do so at present. There is a separate category of items, known as 'exempt', which are not covered at all by the VAT regime. They have been kept out for various historical reasons.
Reduced-rate items
Domestic fuel and power
Installation of energy-saving materials
Residential conversions
Women's sanitary products
Children's car seats
Zero-rated items
Food - except meals in restaurants
Books and newspapers
Children's clothing and shoes, public transport.
VAT exempt
Insurance
Providing credit
Some education and training
Fundraising events by charities
Subscriptions to membership organisations
Betting and gaming
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